← Home
🚀 Sign up Free for Public Company Valuation & Insights!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free Video Highlights
U.S. Bancorp
-5.19%
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
U.S. Bancorp is a diversified financial services holding company based in Minneapolis, Minnesota. It is the fifth-largest bank in the United States by assets, with total assets of $534 billion as of 2021.
Following the merger of First Bank System and the U.S. Bancorp of Oregon in 1997, U.S. Bancorp was formed as the parent company of U.S. Bank. Today, U.S. Bank operates over 3,000 banking offices and 4,800 ATMs, and provides an array of financial services including banking, investment, mortgage, and payment services to individuals, businesses, and government entities.
U.S. Bancorp is known for its strong commitment to technology and innovation, with digital banking solutions and resources designed to make it easier for customers to manage their finances. The company is also recognized for its strong customer service and has received several awards for its commitment to diversity and inclusion.
U.S. Bancorp is publicly traded on the New York Stock Exchange under the ticker symbol USB and is a component of the S&P 500 index. It has a nationwide presence, with operations in 25 states across the United States.
In addition to its financial services, U.S. Bancorp is also known for its corporate social responsibility initiatives. It has a strong focus on community development, education, and environmental sustainability, and has invested over $250 million in charitable giving and volunteerism in the past year.
Overall, U.S. Bancorp is a respected and reputable company in the financial services industry, with a strong commitment to providing quality service and making a positive impact in the communities it serves.
Following the merger of First Bank System and the U.S. Bancorp of Oregon in 1997, U.S. Bancorp was formed as the parent company of U.S. Bank. Today, U.S. Bank operates over 3,000 banking offices and 4,800 ATMs, and provides an array of financial services including banking, investment, mortgage, and payment services to individuals, businesses, and government entities.
U.S. Bancorp is known for its strong commitment to technology and innovation, with digital banking solutions and resources designed to make it easier for customers to manage their finances. The company is also recognized for its strong customer service and has received several awards for its commitment to diversity and inclusion.
U.S. Bancorp is publicly traded on the New York Stock Exchange under the ticker symbol USB and is a component of the S&P 500 index. It has a nationwide presence, with operations in 25 states across the United States.
In addition to its financial services, U.S. Bancorp is also known for its corporate social responsibility initiatives. It has a strong focus on community development, education, and environmental sustainability, and has invested over $250 million in charitable giving and volunteerism in the past year.
Overall, U.S. Bancorp is a respected and reputable company in the financial services industry, with a strong commitment to providing quality service and making a positive impact in the communities it serves.
What is special about the company?
1. One of the largest banks in the United States: U.S. Bancorp is the fifth-largest bank in the United States in terms of total assets. It has a strong presence across the country with over 3,000 branches and 4,842 ATMs.
2. Diverse range of financial services: U.S Bancorp offers a wide range of financial services to its customers, including banking, investment, mortgage, trust and payment services. This makes it a one-stop-shop for all financial needs.
3. Strong financial performance: U.S. Bancorp has consistently delivered strong financial performance, with stable revenue and profit growth over the years. It has also been recognized for its financial strength and stability by top credit ratings agencies.
4. Emphasis on customer service: The company has a strong focus on customer service and has won several awards for its customer satisfaction. This is reflected in its high customer retention rates and loyalty.
5. Commitment to social responsibility: U.S. Bancorp is committed to making a positive impact in the communities it serves through various initiatives in the areas of education, community development, and environmental sustainability.
6. Innovative technology: The company has invested heavily in technology to enhance the customer experience and improve its operational efficiency. It offers online and mobile banking services, as well as advanced payment solutions such as mobile wallets and contactless cards.
7. Strong corporate culture: U.S. Bancorp is known for its strong corporate culture that values diversity, inclusion, and employee well-being. It has been recognized as one of the top companies to work for in the banking industry.
8. Responsible business practices: The company has a strong focus on responsible business practices and has been recognized for its efforts in promoting ethical and sustainable business practices. It has also received awards for its corporate governance practices.
9. Financial strength and stability: U.S. Bancorp has maintained a strong financial position and has a solid balance sheet with low levels of debt, making it a stable and reliable financial institution.
10. Commitment to innovation: The company is committed to driving innovation in the banking industry and has a dedicated team focused on developing new products and services to meet the evolving needs of customers.
2. Diverse range of financial services: U.S Bancorp offers a wide range of financial services to its customers, including banking, investment, mortgage, trust and payment services. This makes it a one-stop-shop for all financial needs.
3. Strong financial performance: U.S. Bancorp has consistently delivered strong financial performance, with stable revenue and profit growth over the years. It has also been recognized for its financial strength and stability by top credit ratings agencies.
4. Emphasis on customer service: The company has a strong focus on customer service and has won several awards for its customer satisfaction. This is reflected in its high customer retention rates and loyalty.
5. Commitment to social responsibility: U.S. Bancorp is committed to making a positive impact in the communities it serves through various initiatives in the areas of education, community development, and environmental sustainability.
6. Innovative technology: The company has invested heavily in technology to enhance the customer experience and improve its operational efficiency. It offers online and mobile banking services, as well as advanced payment solutions such as mobile wallets and contactless cards.
7. Strong corporate culture: U.S. Bancorp is known for its strong corporate culture that values diversity, inclusion, and employee well-being. It has been recognized as one of the top companies to work for in the banking industry.
8. Responsible business practices: The company has a strong focus on responsible business practices and has been recognized for its efforts in promoting ethical and sustainable business practices. It has also received awards for its corporate governance practices.
9. Financial strength and stability: U.S. Bancorp has maintained a strong financial position and has a solid balance sheet with low levels of debt, making it a stable and reliable financial institution.
10. Commitment to innovation: The company is committed to driving innovation in the banking industry and has a dedicated team focused on developing new products and services to meet the evolving needs of customers.
What the company's business model?
U.S. Bancorp is a financial services company that offers a wide range of banking, investment, and payment services to individuals, businesses, and institutions. Its business model is based on providing high-quality, personalized service to its customers while maintaining efficient operations and managing risks. The company generates revenue through various sources including interest income from lending activities, fees and commissions from investment and payment services, and other sources such as mortgage banking and asset management. U.S. Bancorp also focuses on cost management and investing in technology to improve its services and processes. The company operates under the principles of sound risk management, strong capital strength, and ethical practices. It strives to maintain a balanced and diversified portfolio of businesses to mitigate risks and drive long-term profitability. Additionally, U.S. Bancorp places a strong emphasis on corporate social responsibility and giving back to the communities it serves.
Interesting facts about the company
1. U.S. Bancorp is the fifth-largest commercial bank in the United States, based on assets.
2. The company was founded in 1863 as First National Bank of Minneapolis and changed its name to U.S. Bancorp in 1968.
3. U.S. Bancorp is headquartered in Minneapolis, Minnesota, and has over 3,000 locations across 26 states.
4. The company is a diversified financial services provider, offering a wide range of banking, investment, mortgage, trust, and payment services.
5. U.S. Bancorp is a Fortune 500 company and has been named one of the World’s Most Admired Companies by Fortune Magazine.
6. The company has a strong presence in the Midwest and West regions of the United States, with a large customer base in California, Oregon, and Washington.
7. U.S. Bancorp has over 74,000 employees and serves millions of customers through its various products and services.
8. The company has a strong commitment to corporate social responsibility and has been recognized for its efforts in sustainability and community service.
9. U.S. Bancorp has consistently been rated highly for its financial stability and performance, receiving an A+ rating from Standard & Poor’s.
10. In 2018, U.S. Bancorp was named one of the World’s Most Ethical Companies by the Ethisphere Institute for the fifth consecutive year.
11. U.S. Bancorp has been recognized for its diversity and inclusion efforts, being named one of the Best Companies for Diversity by Black Enterprise magazine and receiving a perfect score on the Human Rights Campaign’s Corporate Equality Index.
12. The company has a strong focus on innovation and technology, investing in digital and mobile banking solutions to enhance the customer experience.
13. U.S. Bancorp is a major player in the credit card industry and has partnerships with major brands like Visa, Mastercard, and American Express.
14. The company has a strong commitment to supporting small businesses, providing resources and funding to help entrepreneurs and small business owners succeed.
15. U.S. Bancorp has a history of philanthropy, donating millions of dollars to various charitable causes and organizations each year.
See Company Due Diligence:
2. The company was founded in 1863 as First National Bank of Minneapolis and changed its name to U.S. Bancorp in 1968.
3. U.S. Bancorp is headquartered in Minneapolis, Minnesota, and has over 3,000 locations across 26 states.
4. The company is a diversified financial services provider, offering a wide range of banking, investment, mortgage, trust, and payment services.
5. U.S. Bancorp is a Fortune 500 company and has been named one of the World’s Most Admired Companies by Fortune Magazine.
6. The company has a strong presence in the Midwest and West regions of the United States, with a large customer base in California, Oregon, and Washington.
7. U.S. Bancorp has over 74,000 employees and serves millions of customers through its various products and services.
8. The company has a strong commitment to corporate social responsibility and has been recognized for its efforts in sustainability and community service.
9. U.S. Bancorp has consistently been rated highly for its financial stability and performance, receiving an A+ rating from Standard & Poor’s.
10. In 2018, U.S. Bancorp was named one of the World’s Most Ethical Companies by the Ethisphere Institute for the fifth consecutive year.
11. U.S. Bancorp has been recognized for its diversity and inclusion efforts, being named one of the Best Companies for Diversity by Black Enterprise magazine and receiving a perfect score on the Human Rights Campaign’s Corporate Equality Index.
12. The company has a strong focus on innovation and technology, investing in digital and mobile banking solutions to enhance the customer experience.
13. U.S. Bancorp is a major player in the credit card industry and has partnerships with major brands like Visa, Mastercard, and American Express.
14. The company has a strong commitment to supporting small businesses, providing resources and funding to help entrepreneurs and small business owners succeed.
15. U.S. Bancorp has a history of philanthropy, donating millions of dollars to various charitable causes and organizations each year.
See Company Due Diligence:
Wait! There's more — sign up for free or log in